OM:ITAB B

Stock Analysis Report

Executive Summary

ITAB Shop Concept AB (publ) develops, manufactures, sells, and installs shop fitting concepts for retail chain stores.

Snowflake

Fundamentals

Good value with moderate growth potential.

Risks

  • ITAB Shop Concept has significant price volatility in the past 3 months.
  • ITAB Shop Concept is covered by less than 3 analysts.

Similar Companies

Share Price & News

How has ITAB Shop Concept's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-4.8%

OM:ITAB B

-0.2%

SE Commercial Services

0.6%

SE Market


1 Year Return

-12.0%

OM:ITAB B

-3.3%

SE Commercial Services

-3.5%

SE Market

ITAB B underperformed the Commercial Services industry which returned -3.3% over the past year.

ITAB B underperformed the Market in Sweden which returned -3.5% over the past year.


Share holder returns

ITAB BIndustryMarket
7 Day-4.8%-0.2%0.6%
30 Day-14.4%-9.0%-4.5%
90 Day-14.7%-4.0%-0.5%
1 Year-12.0%-12.0%-0.4%-3.3%0.7%-3.5%
3 Year-66.8%-69.0%8.7%-0.9%23.6%5.1%
5 Year-28.4%-35.6%57.9%33.8%45.2%14.5%

Price Volatility Vs. Market

How volatile is ITAB Shop Concept's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is ITAB Shop Concept undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

ITAB Shop Concept's share price is below the future cash flow value, and at a moderate discount (> 20%).

ITAB Shop Concept's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

ITAB Shop Concept is overvalued based on earnings compared to the SE Commercial Services industry average.

ITAB Shop Concept is overvalued based on earnings compared to the Sweden market.


Price Based on Expected Growth

ITAB Shop Concept is good value based on expected growth next year.


Price Based on Value of Assets

ITAB Shop Concept is good value based on assets compared to the SE Commercial Services industry average.


Next Steps

  • Explore potentially undervalued companies in the Commercial Services industry.

Future Growth

How is ITAB Shop Concept expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

21.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

ITAB Shop Concept's revenue is expected to grow by 2.5% yearly, however this is not considered high growth (20% yearly).

ITAB Shop Concept's earnings are expected to grow significantly at over 20% yearly.

ITAB Shop Concept's revenue growth is positive but not above the Sweden market average.

ITAB Shop Concept's earnings growth is expected to exceed the Sweden market average.

ITAB Shop Concept's earnings growth is expected to exceed the low risk savings rate of 0.4%.


Earnings per Share Growth Estimates


Future Return on Equity

ITAB Shop Concept is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has ITAB Shop Concept performed over the past 5 years?

-4.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

ITAB Shop Concept's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

ITAB Shop Concept's 1-year earnings growth is negative, it can't be compared to the 5-year average.

ITAB Shop Concept's 1-year earnings growth is negative, it can't be compared to the SE Commercial Services industry average.


Return on Equity

ITAB Shop Concept has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

ITAB Shop Concept used its assets more efficiently than the SE Commercial Services industry average last year based on Return on Assets.


Return on Capital Employed

ITAB Shop Concept's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is ITAB Shop Concept's financial position?


Financial Position Analysis

ITAB Shop Concept is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

ITAB Shop Concept's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

ITAB Shop Concept's level of debt (137.2%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (85.8% vs 137.2% today).

Debt is not well covered by operating cash flow (16.1%, less than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 4.1x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1x debt.


Next Steps

Dividend

What is ITAB Shop Concept's current dividend yield, its reliability and sustainability?

7.20%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Unable to evaluate ITAB Shop Concept's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate ITAB Shop Concept's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as ITAB Shop Concept has not reported any payouts.

Unable to verify if ITAB Shop Concept's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as ITAB Shop Concept has not reported any payouts.


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.7x coverage).


Next Steps

Management

What is the CEO of ITAB Shop Concept's salary, the management and board of directors tenure and is there insider trading?

6.9yrs

Average management tenure


CEO

Ulf Rostedt (52yo)

11.5yrs

Tenure

0

Mr. Ulf Rostedt has been the Chief Executive Officer of Itab Shop Concept AB since February 8, 2008 and also serves as its Group President. Mr. Rostedt served as a Deputy Chief Executive Officer at Itab Sh ...


Management Age and Tenure

6.9yrs

Average Tenure

52yo

Average Age

The average tenure for the ITAB Shop Concept management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

5.6yrs

Average Tenure

50.5yo

Average Age

The tenure for the ITAB Shop Concept board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

Buykr1,400,00020 Dec 18
Anders Moberg
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares100,000
Max Pricekr14.00
Buykr138,20020 Dec 18
Ulf Rostedt
EntityIndividual
Role
Chief Executive Officer
CEO & Group President
Shares10,000
Max Pricekr13.82

Ownership Breakdown


Management Team

  • Mikael Gustavsson (55yo)

    Deputy Chief Executive Officer

    • Tenure: 11.5yrs
  • Niklas Thoresson (49yo)

    Chief Business Officer

    • Tenure: 7.2yrs
  • Ulf Rostedt (52yo)

    CEO & Group President

    • Tenure: 11.5yrs
  • Samuel Wingren (48yo)

    Chief Financial Officer

    • Tenure: 6.6yrs
  • Bo Dahlstrand (62yo)

    Group Business Controller

    • Tenure: 12.5yrs
  • Johan Isaksson

    Group Treasurer

    • Tenure: 5.5yrs
  • Marie Mouchard

    Head of Group Accounting

    • Tenure: 0.0yrs
  • Pernilla Lorentzon (50yo)

    Human Resources Director

    • Tenure: 4.0yrs
  • Roy French (54yo)

    Chief Business Officer

    • Tenure: 0.6yrs

Board Members

  • Anders Moberg (69yo)

    Chairman of the Board

    • Tenure: 0.0yrs
    • Compensation: kr340.00k
  • Lottie Svedenstedt (62yo)

    Director

    • Tenure: 10.3yrs
    • Compensation: kr180.00k
  • Fredrik Rapp (47yo)

    Director

    • Tenure: 6.6yrs
    • Compensation: kr180.00k
  • Jan Frykhammar (54yo)

    Director

    • Tenure: 0.6yrs
  • Sune Lantz (66yo)

    Director

    • Tenure: 5.6yrs
    • Compensation: kr180.00k
  • Anna Benjamin (43yo)

    Director

    • Tenure: 15.6yrs
    • Compensation: kr190.00k
  • Petter Fagersten (37yo)

    Director

    • Tenure: 3.3yrs
    • Compensation: kr150.00k
  • Per Borgklint (47yo)

    Director

    • Tenure: 2.6yrs
    • Compensation: kr180.00k

Company Information

ITAB Shop Concept AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: ITAB Shop Concept AB (publ)
  • Ticker: ITAB B
  • Exchange: OM
  • Founded:
  • Industry: Office Services and Supplies
  • Sector: Commercial Services
  • Market Cap: kr2.560b
  • Shares outstanding: 102.38m
  • Website: https://itab.com

Number of Employees


Location

  • ITAB Shop Concept AB (publ)
  • Instrumentvägen 2
  • Box 9054
  • Jönköping
  • Jönköping County
  • 550 09
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ITAB BOM (OMX Nordic Exchange Stockholm)YesClass B Common SharesSESEKMay 2004
0RGWLSE (London Stock Exchange)YesClass B Common SharesGBSEKMay 2004
ITABBSBATS-CHIXE (BATS 'Chi-X Europe')YesClass B Common SharesGBSEKMay 2004
29IDB (Deutsche Boerse AG)YesClass B Common SharesDEEURMay 2004

Biography

ITAB Shop Concept AB (publ) develops, manufactures, sells, and installs shop fitting concepts for retail chain stores. It offers entrance and exit systems, such as automatic gates, gate arms, ADS direction ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/25 21:11
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.